WhatsApp
Call Us

Choose Broker-

IPO Open

Tue, Aug 25, 2026

IPO Close

Fri, Aug 28, 2026

Issue Price

₹95 to ₹101

Market Cap*

₹192.13 Cr * on Upper Price

IPO Details

  • IPO Date
    25 to 28 Aug, 2026
  • Listing Date
    Wed, Sep 2, 2026
  • Face Value
    ₹10 per share
  • Price Band
    ₹95 to ₹101
  • Lot Size
    1,200 Shares
  • Sale Type
    Fresh capital cum OFS
  • Issue Type
    Bookbuilding IPO
  • Listing At
    NSE SME
  • Total Issue Size
    52,87,200 shares (agg. up to ₹53 Cr)
  • Reserved for Market Maker
    2,66,400 shares (agg. up to ₹3 Cr) Giriraj Stock Broking Pvt.Ltd. Mansi Share & Stock Broking Pvt.Ltd.
  • Fresh Issue (Ex Market Maker)
    40,24,800 shares (agg. up to ₹41 Cr)
  • Offer for Sale
    9,96,000 shares of ₹10 (agg. up to ₹10 Cr)
  • Net Offered to Public
    50,20,800 shares (agg. up to ₹51 Cr)
  • Share Holding Pre Issue
    1,47,31,500 shares
  • Share Holding Post Issue
    1,90,22,700 shares

IPO Timetable (Tentative)

  • IPO Open
    Tue, Aug 25, 2026
  • Allotment
    Mon, Aug 31, 2026
  • Credit of Shares
    Tue, Sep 1, 2026
  • IPO Close
    Fri, Aug 28, 2026
  • Refund
    Tue, Sep 1, 2026
  • Listing
    Wed, Sep 2, 2026

Issue Reservation

Sumax Engineering IPO comprises a total issue size of 52,87,200 shares. The net offer to the public is 48,28,800 shares, after excluding 2,66,400 shares allotted on a firm basis and 1,92,000 shares under a preferential allotment. Of the Net offer 24,09,600 (49.90%) are allocated to QIB, 7,27,200 (15.06%) allocated to NII 16,92,000 (35.04%) allocated to RII.

Investor Category Shares % of Net Issue % of Total Issue
QIB 24,09,600 49.90% 45.57%
  − Anchor Investor 14,35,200 27.14%
  − QIB (Ex. Anchor) 9,74,400 18.43%
NII (HNI) 7,27,200 15.06% 13.75%
  − bNII > ₹10L 4,84,800 9.17%
  − sNII < ₹10L 2,42,400 4.58%
Retail 16,92,000 35.04% 32.00%
Preferential Reservations
Employee 1,92,000 3.63%
Firm Reservations
Market Maker 2,66,400 5.04%
Total 52,87,200 100.00% 100.00%

IPO Lot Size

Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.

Application Lots Shares Amount
Individual investors (IND) (Min) 2 2,400 ₹2,42,400
Individual investors (IND) (Max) 2 2,400 ₹2,42,400
S-HNI (Min) 3 3,600 ₹3,63,600
S-HNI (Max) 8 9,600 ₹9,69,600
B-HNI (Min) 9 10,800 ₹10,90,800
Employee (Min) 2 2,400 ₹2,42,400
Employee (Max) 4 4,800 ₹4,84,800

Investor Category Reservations

Application Category Bidding Limits
Only Individual investor (retail) 2 lots
Only sNII 3 lots – 8 lots
Only bNII 9 lots and above
Only employee 2 lots – 4 lots
Employee + RII/NII
  • 1. Employee limit: 2 lots – 4 lots AND
  • 2. If applying as RII: 2 lots OR
  • 2. If applying as sNII: 3 lots – 8 lots OR
  • 2. If applying as bNII: 9 lots and above

* Bidding at cut-off price is not allowed for any category

About Sumax Engineering Ltd.

Incorporated in 1994, Sumax Engineering Ltd. is engaged in the manufacturing and trading of products for the Automotive OEM (Original Equipment Manufacturer) and Auto Refinish markets. The company operates through two segments: manufacturing and trading.

Its manufacturing portfolio includes adhesive tapes and die-cuts, pre-taped masking films, rubbing and polishing compounds, buffing and foam pads, reflective tapes, domes and graphics, and car care products.

Through its trading business, the company supplies electrical and pneumatic tools, abrasive sheets, discs and rolls, body shop consumables, retail products, accessories, and aerosol products.

The company operates two manufacturing units, located in Sriperumbudur, Tamil Nadu, and IMT Manesar, Haryana.

It has a market presence across 26 states and Union Territories in India and exports its products to markets including Thailand, South Korea, Russia, Turkey, China, Vietnam, the United States, Saudi Arabia, and Taiwan.

As of March 31, 2026, the company had 121 employees.

Competitive Strengths

  • Experienced Promoters, management and operating team
  • Comprehensive Product Range
  • Strong Industry Relationships
  • Advanced In-House Processing Facilities
  • Focused on Cost Competitiveness
  • Efficient Logistics and Supply Chain Management
  • Strong Financial performance
  • Tailored Product Design

Company Financials (Restated)

Sumax Engineering Ltd.’s revenue increased by 1% and profit after tax (PAT) rose by 28% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 84.81 66.14 54.00
Total Income 148.34 147.18 131.54
Profit After Tax 12.76 9.98 7.43
EBITDA 19.08 15.03 11.63
NET Worth 61.60 48.84 38.86
Reserves and Surplus 46.88 46.75 36.77
Total Borrowing 13.06 7.75 6.43

Recently Listed IPOs in Other Industrial Products

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Liotech Industries Ltd. SME ₹36.03 Cr ₹321 23.13 ₹244.15 -23.94% ₹98.10
Narmadesh Brass Industries Ltd. SME ₹44.87 Cr ₹515 19.63 ₹470.25 -8.69% ₹310.00
Abril Paper Tech Ltd. SME ₹13.42 Cr ₹61 24.96 ₹49.38 -19.05% ₹34.49

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding of Capital Expenditure towards Construction of proposed manufacturing Unit I at Plot No-E-185, RIICO IND Area Karoli Teh Tapukara, Rajasthan
    4.89
  • 2 Funding of Capital Expenditure towards Construction of proposed manufacturing Unit II at Plot No. P 32 Street No. B, Sector 11, Model Economic Township, Village - Nimana, Tehsil Badli, District - Jhajjar, State Haryana
    16.62
  • 3 Funding working capital requirements of the company
    12.00
  • General corporate purposes
  • Total
    33.51

Key Performance Indicator (KPI)

KPI Mar 31, 2026 Mar 31, 2025
ROE 23.10% 22.76%
ROCE 23.86% 24.64%
Debt/Equity 0.21 0.16
RoNW 20.71% 20.44%
PAT Margin 8.64% 6.83%
EBITDA Margin 12.86% 10.21%
NAV 41.83 33.21
Price to Book Value 2.41 3.04

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 8.66 6.71
P/E (x) 11.66 15.05
Market Cap at Offer Price ₹149Cr. ₹192.13 Cr
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

IPO Stock Quote & Charts

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 96.74% 71.25%
Public 3.26% 28.75%
Total 100% 100%

Company Promoters: Sudeep Mehta and Smriti Mehta.

Offer For Sale – Selling Shareholders

Name Category No. of Shares Offered Amount (₹ cr.)
Sudeep Mehta Promoter 9,00,000 9.09
Vimla Mehta Promoter 96,000 0.97
Total 9,96,000 10.06

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. GYR Capital Advisors Pvt.Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Sumax Engineering Ltd. Address
Plot No.45, Shanthinikethan Colony,
Mahendra Hills,
East Marredpally,
Secunderabad, Telangana, 500026

IPO FAQs

Sumax Engineering IPO is a SME IPO of 52,87,200 equity shares of the face value of ₹10 aggregating up to ₹53 Crores. The issue is priced at ₹95 to ₹101. The minimum order quantity is 1200.

The IPO opens on Tue, Aug 25, 2026, and closes on Fri, Aug 28, 2026.

Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Angel One customers can apply online in Sumax Engineering IPO using UPI as a payment gateway. Angel One customers can apply in Sumax Engineering IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Sumax Engineering IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Sumax Engineering IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Sumax Engineering IPO opens on Tue, Aug 25, 2026 and closes on Fri, Aug 28, 2026.

Sumax Engineering IPO lot size is 1200, and the minimum amount required for application is ₹2,42,400, with 2 lots being the minimum application size.

You can apply in Sumax Engineering IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Sumax Engineering IPO will be done on Monday, August 31, 2026, and the allotted shares will be credited to your demat account by Tue, Sep 1, 2026. Check the Sumax Engineering IPO allotment status.

The Sumax Engineering IPO listing date is not yet announced. The tentative date of listing is Wed, Sep 2, 2026.

Stock Broker Reviews India

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited 2

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

2.34/5
Angel One Limited

Delivery: Rs 20 per executed order Account Opening: Rs 0 (Free)

Advertisments

Compare India's most trusted brokers side-by-side to find your perfect match.